Honestly, I have observed that some investors have developed a kind of almost religious emotional attachment in the trading of Crypto Assets and meme coins, ultimately leading to financial losses.
Looking back on my investment experiences, I have also had excessive confidence in multiple projects, resulting in significant drawdowns. However, I am willing to bear the consequences of my decisions, which is the inevitable result of my cognitive limitations.
From the early ICO era to today’s meme coin craze, the essence of this industry has actually remained the same. Whether it’s the project parties, venture capital, or trading platforms, they all operate according to business logic, and there are no generous acts that can support prices forever.
In fact, the vast majority of Crypto Assets will eventually trend towards zero value, especially meme coins. Whether projects are built on the Solana or BSC public chain, most are merely products of a fleeting attention economy, and once the hype dissipates, a crash to zero becomes inevitable.
As an adult investor, one should be responsible for their choices in this high-risk market and face both wins and losses with equanimity.
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Honestly, I have observed that some investors have developed a kind of almost religious emotional attachment in the trading of Crypto Assets and meme coins, ultimately leading to financial losses.
Looking back on my investment experiences, I have also had excessive confidence in multiple projects, resulting in significant drawdowns. However, I am willing to bear the consequences of my decisions, which is the inevitable result of my cognitive limitations.
From the early ICO era to today’s meme coin craze, the essence of this industry has actually remained the same. Whether it’s the project parties, venture capital, or trading platforms, they all operate according to business logic, and there are no generous acts that can support prices forever.
In fact, the vast majority of Crypto Assets will eventually trend towards zero value, especially meme coins. Whether projects are built on the Solana or BSC public chain, most are merely products of a fleeting attention economy, and once the hype dissipates, a crash to zero becomes inevitable.
As an adult investor, one should be responsible for their choices in this high-risk market and face both wins and losses with equanimity.